Classic Renko on the prices that really traded. Each brick opens at its first trade, and its wick shows how far price went the other way. Here 8 ticks, 16 back to turn.
Each brick drawn from the middle of the one before. The bricks overlap by half, so a move draws as one smooth line. Also called median Renko.
Three numbers instead of one. A new brick every 8 ticks with the trend, a turn only after 16 against it, each drawn from 4 ticks inside the one before.
The brick sized by the market. The average true range of the last 5 finished days divided by 25, so busy weeks give bigger bricks and quiet weeks smaller ones. Wicks are turned off on this chart, on by default.
Strategy Analyzer and optimization, Tick Replay on or off, with bricks built from the same ticks by the same rules as your chart.
Market Replay builds the same bricks from the same trades, and a reload there gives them again.
Your strategy runs on it live, made in the Strategy Builder or written in code.
Chart Trader, ATM templates, your indicators and chart templates, like on any bar type.
NT = NinjaTrader’s own Renko · True = Renko (true prices) · Uni = Universal Renko
| Built-in | Renko Bars with Wicks | |||||
|---|---|---|---|---|---|---|
| Section | Features |  |  |  |  |  |
| Renko on NinjaTrader 8 | ||||||
| Renko on NinjaTrader 8 | Built from every tradethe ticks of your data provider | |||||
| Strategies, backtests and optimizationon the chart and in the Strategy Analyzer | ||||||
| Market Replaythe bricks rebuilt from recorded data | ||||||
| Break at EODeach session starts a new brick | ||||||
| Real prices in every brick | ||||||
| Real prices in every brick | Opens on its first tradeNinjaTrader’s Renko opens each brick on a level | |||||
| Wicks at the real high and lowhow far price went against the brick | ||||||
| The open never jumpson a turn NinjaTrader’s Renko moves the open one brick | ||||||
| Backtest fills on the real priceson NinjaTrader’s Renko a fill can sit on a drawn level | ||||||
| Tick Replayon the chart and in the Strategy Analyzer | ||||||
| A session’s last brick keeps its pricesNinjaTrader’s Renko flattens it to its close | ||||||
| How each type builds its bricks | ||||||
| How each type builds its bricks | The classic ruleone brick on, or two bricks back to turn | |||||
| Trend and reversal set apartfor example 8 ticks on, 16 back to turn | ||||||
| Drawn from inside the brick beforean open offset for a smoother line | ||||||
| Brick sized by the marketfrom the average day’s range, each session | ||||||
| Reads the brick for you | ||||||
| Reads the brick for you | The next brick’s levels on the chartRenko Next Brick, up and down | |||||
| NextUp and NextDown in strategiesthe same levels for your orders | ||||||
| Hollow unfinished brickthe newest brick an outline until it finishes | ||||||
All Renko Bars with Wicks needs is NinjaTrader 8 and tick data.
The bricks are built from every trade, so a chart loads the ticks of its days and follows your trading hours and data provider. Use Break at EOD on for strategies and backtests. With it off, the bricks of our four types, and of NinjaTrader’s own Renko, depend on where the chart starts.
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Every bounce drawn as a wick. Some bounces in this run down reached almost two bricks, the size of move that takes a tight stop.
The same bricks, no wicks. Each brick is drawn from level to level, so the run reads as a clean staircase and the bounces are not on the chart.
Four ways to use Renko with the real prices kept. None of them is a signal. The bricks show where price traded, and the trade is yours.
Each brick opens on its first trade, so a strategy’s fills follow the real prices. With Break at EOD on, the same trades build the same bricks live, after a reload and in a backtest.
The far wick shows how far price really went against a brick before it finished, so a stop that was touched shows on the chart.
ATR Renko works the brick out once per session from the average day’s range, so it follows each market’s own range and grows and shrinks with volatility.
Renko Next Brick draws the two prices where the forming brick would finish. In a strategy, NextUp[0] and NextDown[0] give the same levels for its orders.
Renko leaves out time and the moves inside each brick. The bricks show where price traded, they do not predict it, and we make no claim of an edge.
Can’t find the answer to your question? Email us, we answer fast.
Start the free trial or buy, and your download is on your order page. In NinjaTrader 8 (NT8) go to Tools → Import → NinjaScript Add-On, pick the zip, then close NinjaTrader and start it again, because new bar types and chart styles only appear in NinjaTrader’s lists after a restart. Right-click a chart, open Data Series and pick a Renko type under Type. New charts of these types open with the Renko bricks chart style. For the next brick’s lines, add RenkoNextBrick from the Indicators window. The step-by-step guide covers every message NinjaTrader can show and how to update.
Start it from this page, with no card. You get the whole download, all four Renko types, the Renko bricks style and Renko Next Brick, for 14 days. It ends by itself, so there is nothing to cancel and nothing charged. When it ends, the bar types stop until you buy, and a chart on one of them stays empty. Buy the lifetime license or the monthly plan and the file you installed keeps working, with no new download. The license belongs to your NinjaTrader email, so it works on every computer you use with it.
A Renko brick prints when price has moved a set distance, whatever the time. Renko bars with wicks keep the trades inside each brick. Its open is the first price traded in it, its far wick is the real high or low of those trades, and a finished brick closes on the level it reached. The wick shows how far price really went against the brick before it finished, the price a stop would have seen.
Yes, a Renko bar type is built in. It sets each finished brick from level to level, so its open, high, low and close are all brick levels and it shows no wicks, and on a turn the brick’s open moves one brick when it finishes. Renko Bars with Wicks adds four Renko bar types that keep the real prices inside each brick, the Renko bricks chart style and Renko Next Brick. Every NinjaTrader bar type is explained in our bar types reference.
Renko (true prices) finishes a brick by the same rule as NinjaTrader’s Renko, one brick on in its direction or two bricks back, so the bricks close on the same levels. The difference is what each brick holds. NinjaTrader’s Renko sets a finished brick from level to level, so it has no wicks and its open is a level. Ours keeps the first trade as the open and the real extreme as the far wick, never moves the open, and with Break at EOD on leaves a session’s last brick with its real prices, where NinjaTrader’s flattens it. On top come Universal, Mean and ATR Renko and the next brick’s levels.
A bar type, like Minute, Tick or NinjaTrader’s own Renko. You pick it in Data Series under Type, not in the Indicators window, and it decides how the bars themselves are built. The download also holds one indicator, Renko Next Brick, which you add from the Indicators window for the next brick’s levels, and the Renko bricks chart style, which only draws the bars.
Yes, in the Strategy Analyzer, with optimization and with Tick Replay, on the same bricks as the chart. Every brick that holds a trade opens on its first trade, so a market order on a new brick fills at a price the market traded then, where on NinjaTrader’s own Renko a fill can land on a drawn brick level. We checked that fill by fill on ES. One limit to know. When one trade jumps several levels, the bricks in between hold no trade, and a market order decided on the brick a jump finishes fills, in a Standard-fill backtest, at an empty brick’s open, a price that did not trade then. That is rare at normal brick sizes and more common at very small ones, such as 1 tick. Use Break at EOD on, and check a Renko strategy in Market Replay before you trust it.
A finished brick never changes while the chart runs, and with Break at EOD on the same trades build the same bricks after a reload, in a backtest and in Market Replay (ATR Renko once its warm-up days are loaded). Like every bar, the brick still forming changes until it finishes, and Hollow unfinished brick in the chart style shows which one that is. Where your provider’s history differs from what the live feed sent, or a lost connection dropped trades, a reload follows the history. With Break at EOD off, the bricks of our four types, and of NinjaTrader’s own Renko, depend on where the chart starts.
Renko (true prices) is the classic brick most traders know. Universal Renko sets the distance to go on and the distance to turn apart, so you choose how much a reversal must prove. Mean Renko draws each brick from the middle of the one before, so small pullbacks smooth away. ATR Renko sizes the brick from each market’s daily range, so it follows quiet and busy weeks. The trial holds all four, so you can put them side by side on your own chart.
Renko Bars with Wicks has three parts. The four bar types and the Renko bricks chart style are set in Data Series, and Renko Next Brick in the Indicators window. They are covered here under six headings, and the names in bold are the names you will see there.
Right-click the chart, open Data Series and pick the type under Type. Renko (true prices) and Mean Renko have one value, Brick size (ticks), 8 by default. Universal Renko has Trend (ticks) (8), Reversal (ticks) (16) and Open offset (ticks, drawing only) (4). ATR Renko has Days averaged (5), Bricks per day’s range (25) and Brick until a day is known (ticks) (8). A value under 1 runs as 1, and the series name on the chart shows the values the bars really use.
On Universal Renko a brick finishes Trend ticks on in its direction, or Reversal ticks back. Open offset changes only the picture, how far back from the last close the next brick is drawn; the bars, the Data Box and strategies do not depend on it, and at or beyond the reversal turning bricks are drawn from the last close. Mean Renko finishes half a brick on, or a brick and a half back, so each brick is drawn from the middle of the one before; with an odd size the larger half goes on, so 9 goes 5 on and 13 back. On both, the first brick of a chart, and with Break at EOD on of each session, finishes one trend from its first price, either way.
ATR Renko works the brick out once per session, the average true range of the last Days averaged finished days divided by Bricks per day’s range, to the nearest tick and never below 1. Until the chart holds a full finished day it uses Brick until a day is known. Load at least Days averaged + 2 trading days. Days to load counts calendar days, and its default for ATR Renko, 10, holds about 7 trading days; load 12 around a market holiday. With Break at EOD on, a session’s brick is final once the chart holds Days averaged + 1 finished sessions before it. On trading hours with a lunch break, each session counts as a day.
New charts of the four types open with the Renko bricks chart style, under Chart style in Data Series. Bar width, Color for up bricks, Color for down bricks, Outline and Wick work as on NinjaTrader’s candles. Show wicks, on by default, draws what price did outside each body. Hollow unfinished brick, off by default, draws the newest brick, and with Break at EOD on each session’s last brick, as an outline in its own color. The style only draws, nothing stored changes, and on any other bar type it draws ordinary candles.
Add RenkoNextBrick from the Indicators window. Its two plots, NextUp and NextDown, are the prices where the brick forming now would finish, up and down, drawn as dashed green and red lines with their prices on the price scale. Color, width, dash and line style are NinjaTrader’s own plot settings, and there are no others. It works on the four Renko types; on any other bar type it draws nothing and says so in the Output window.
Break at EOD sits under Trading hours in Data Series. On, each session starts a new brick at its first trade, and the session’s end cuts its last brick, which keeps its real prices, so its close is its last trade. Off, the bricks of our four types, and of NinjaTrader’s own Renko, depend on where the chart starts, so use Break at EOD on for strategies and backtests.
Universal Renko sets the two distances apart. Trend (ticks), 8 by default, is how far a brick goes on, and Reversal (ticks), 16, is how far price must go back before the bricks turn. Open offset (ticks, drawing only), 4, is how far back from the last close the next brick is drawn. It changes the picture only, never the bars, the Data Box or a strategy. A brick finishes when price reaches its level, the standard Renko rule, as in NinjaTrader’s own Renko.
Mean Renko draws every brick from the middle of the one before. With Brick size (ticks) 8, a brick finishes half a brick on in its direction, or a brick and a half back. With an odd size the larger half goes on, so 9 goes 5 on and 13 back. Each brick keeps its real prices. Its body is drawn from the middle of the brick before, so a body can cover prices the brick never traded, and where it reaches past them the Data Box shows the brick’s real prices.
ATR Renko sizes the brick from the market. It takes the average true range of the last finished days, Days averaged (5 by default), divides it by Bricks per day’s range (25) to the nearest tick, works it out once per session and keeps it for every brick that starts in it. The brick follows each market’s own daily range, so one setting adapts to markets of very different size, and grows and shrinks with volatility. Until the chart holds a full finished day it uses Brick until a day is known (ticks), 8. Load at least Days averaged + 2 trading days. Days to load counts calendar days, and its default here, 10, holds about 7 in a week without holidays.
There is no one right size. It depends on your market, your timeframe and how much of the noise you want to see. The default of 8 ticks is 2 points on ES and on NQ, and NQ moves more points in a day, so the same ticks make more bricks there. ATR Renko works the size out for you, by default a brick of one 25th of the average day’s range, which follows each market and each week. In the trial, put a few sizes side by side on the same day and keep the one you read best.
Two dashed lines, NextUp and NextDown, at the prices where the brick forming now would finish, up and down, with their prices on the price scale. It works on the four Renko types of this product. On any other bar type it draws nothing and says so in the Output window. Scrolled back, the lines show the levels of the right-most brick on the screen.
Yes. Pick a Renko type as the data series of a chart or of the Strategy Analyzer and a strategy runs on it like on any bar type. The Strategy Builder cannot add a custom bar type as an extra series, because its list offers only NinjaTrader’s own types, but one line of code can, with the type’s number. They are 731001 Renko (true prices), 731002 Universal Renko, 731003 Mean Renko and 731004 ATR Renko, for example AddDataSeries(new BarsPeriod { BarsPeriodType = (BarsPeriodType)731001, Value = 8 }). Renko Next Brick’s levels are RkoNextBrick().NextUp[0] and RkoNextBrick().NextDown[0]. In a strategy on bar close they are the levels of the brick forming once the bar closed. Use Break at EOD on for strategies and backtests.
Yes. Tick Replay works on the chart and in the Strategy Analyzer, with the same bricks and next-brick levels as without it. Market Replay builds the same bricks from the same trades, with Break at EOD on, and a reload gives the same bricks again. When a brick finishes, NinjaTrader calculates it once more with its final close, as on its own Renko, so an indicator on each tick ends the brick on its final value. We checked that with SMA and EMA on live bricks.
When one trade passes several levels at once, one brick is made per level, as NinjaTrader’s own Renko does. The bricks in between hold no trade, so their volume is 0, and they share the trade’s time. A brick’s time is the time it finished, the time of the trade that reached its level. Keep Equidistant bar spacing on, NinjaTrader’s default, so the bricks of one jump stand side by side.
Tick data from your data provider. The bars are built from every trade, so a chart loads the ticks of its days. We checked the bricks on real trades of ES, NQ, CL, GC, ZN and 6E futures. They are built the same way from any instrument’s trades, stocks, forex and crypto included, with these notes. Prices off the instrument’s tick grid, such as sub-penny prints on stocks, are rounded to the nearest tick. On an instrument priced above about 10 million ticks, such as spot crypto at a one-cent tick, use a brick of at least 10 ticks. On data without trade volume, as some forex or index feeds are, Renko Next Brick cannot tell the empty bricks of a jump from real ones in history.
Email support, answered by the traders who built it. Bugs get fixed, and updates are free, for the lifetime license and for the monthly plan while it runs.
Every price is turned into whole ticks of your instrument. A brick finishes the moment a trade reaches a level, measured from the close of the last finished brick. After an up brick the levels are close + Trend (on) and close − Reversal (back), after a down brick the mirror. The chart’s first brick, and with Break at EOD on the first brick of each session, has no direction yet and finishes one Trend from its first price, either way.
A finished brick closes on its level and is never changed again. (With Break at EOD on, a session’s last brick is cut by the session’s end instead and closes on its last trade.) On a brick that holds trades, its far side, the low of an up brick and the high of a down brick, is the lowest or highest price that traded in it, so its deepest pullback shows as a wick wherever it reaches past the drawn body. On its finishing side the high or low is the level itself, because the first trade that reaches the level ends the brick.
The trade that reaches a level is the first trade of the next brick, at its own price, and its volume counts there (after a jump, of the brick after its empty bricks). So every brick that holds a trade opens on a price that traded at that moment, and with standard fills and no slippage a market order a backtest places on a brick’s close fills, apart from a jump, at a price the market really traded then.
Brick N+1 turns down on trade 6. Renko (true prices) keeps its open at trade 1 and its wick at trade 3. NinjaTrader’s own Renko stores the same brick from level to level. The amber mark is the stored open, which the Data Box shows, and the chart style draws only bodies and wicks. An illustration drawn from the worked example below, not market data.
| Bar type | Trend | Reversal | At the defaults |
|---|---|---|---|
| Renko (true prices) | B | 2B | 8 · 16 |
| Universal Renko | T | R | 8 · 16 |
| Mean Renko | B − ⌊B/2⌋ | B + ⌊B/2⌋ | 4 · 12 |
| ATR Renko | B | 2B | B · 2B, B set each session |
B = brick, T = trend, R = reversal, all in ticks. A value under 1 runs as 1. Universal Renko’s open offset (4 by default) only moves where a body is drawn. A Mean brick of 9 goes 5 ticks on and 13 back.
| Trade | Time | Price | What happens |
|---|---|---|---|
| 1 | 09:41:07 | 7,702.00 | Reaches brick N’s up level, so N closes up on 7,702.00. This trade opens brick N+1. Its levels are 7,704.00 (one brick on) and 7,698.00 (two bricks back). |
| 2 | 09:41:12 | 7,702.50 | N+1 trades higher. |
| 3 | 09:41:19 | 7,702.75 | Its highest trade, the tip of its wick. |
| 4 | 09:41:26 | 7,701.25 | Price turns down. |
| 5 | 09:41:34 | 7,699.50 | Still short of the turn level. |
| 6 | 09:41:41 | 7,698.00 | Reaches the turn level, so N+1 closes on 7,698.00 as a down brick, stamped 09:41:41. This trade opens brick N+2. |
| Brick N+1 | Open | High | Low | Close |
|---|---|---|---|---|
| Renko (true prices) | 7,702.00 | 7,702.75 | 7,698.00 | 7,698.00 |
| NinjaTrader’s own Renko | 7,700.00 | 7,700.00 | 7,698.00 | 7,698.00 |
Both bar types finish this brick on the same level, by the same rule. The difference is what they store. A backtest’s market order placed on brick N’s close fills at N+1’s open, 7,702.00 here, the price that traded when N closed. On NinjaTrader’s own Renko it fills at 7,700.00, 8 ticks away, $100 per ES contract on one fill ($10 on MES), better than the market for a buy and worse for a sell. N+1’s volume is the contracts of trades 1 to 5, and trade 6 counts in N+2.
When one trade passes several levels, one brick is made per level. The bricks in between hold no trade, volume 0, run from level to level and carry that trade’s time, and the trade itself opens the brick after them. Keep Equidistant bar spacing on, NinjaTrader’s default, since they share one time. In a backtest with standard fills, a market order decided on the brick a jump finishes fills at an empty brick’s open, a level that did not trade then. Jumps are rare at normal brick sizes and more common at very small ones, such as 1 tick.
With Break at EOD on, each session starts a new brick at its first trade, and the session’s end cuts its last brick. That brick keeps its real prices, so its close is its last trade, not a level, and a strategy on bar close only learns it has closed when the next session’s first trade arrives. NinjaTrader’s own Renko flattens that brick. With Break at EOD off, the bricks of our four types, and of NinjaTrader’s own Renko, depend on where the chart starts, so a backtest that loads other days sees other bricks. Use it on for strategies and backtests.
At each session start, B = the average true range of the last “Days averaged” finished sessions ÷ “Bricks per day’s range”, to the nearest tick (a half up), never under 1, and it holds for every brick that starts in that session. A session’s true range runs from its low to its high, widened to the close of the session before. It is read from earlier sessions’ finished bricks, so with Break at EOD on a reload gives the same size. The chart’s oldest session may be cut where the data starts and never counts, and “Brick until a day is known” is used until a session after it has finished. With Break at EOD on, a session’s brick is final once the chart holds “Days averaged” + 1 finished sessions before it, so load at least “Days averaged” + 2 trading days. On trading hours with several sessions a day, every session counts as a day.
The “Renko bricks” style draws every body the Renko way. On Renko (true prices) and ATR Renko a finished body is one brick ending on its close, so a brick that turns starts one brick back from the last close. On Universal Renko a body starts the open offset back inside the brick before, and on Mean Renko half a brick back, rounded down, so from the middle of the brick before. So a body can cover prices the brick never traded, and a wick shows every real high or low outside it. The Data Box, indicators and strategies read the brick’s own open, high, low and close. On Universal Renko with an open offset at or beyond the reversal, turning bricks and the forming brick are drawn from the last close.
| Brick | Open | High and low | Close | Volume | Time |
|---|---|---|---|---|---|
| A finished brick | Its first trade, the one that reached the level before it | The far side is the real extreme of its trades, the finishing side is its level | Its level | Its own trades, the first one included | The trade that reached its level |
| An empty brick of a jump | The level it starts on | From level to level | The next level | 0 | The jump trade’s time |
| A session’s last brick, Break at EOD on | Its first trade | The real extremes of its trades | Its last trade, cut by the session’s end | Its own trades | Its last trade |
| The brick still forming | Its first trade, it never moves | The extremes so far | The latest trade | Grows with each trade | The latest trade |
These are the prices the Data Box, indicators and strategies read. The chart’s first brick, and with Break at EOD on the first brick of each session, opens on its own first trade like any other.
On ATR Renko the Trend is the brick of the session the brick starts in, and the Reversal is twice that. The same code runs on the chart, in the Strategy Analyzer, in Market Replay and in our off-chart test rig.
A bar type takes its values in NinjaTrader’s Data Series window, under Type. Brick values are in ticks, Days averaged and Bricks per day’s range are counts, and Days to load is calendar days.
| Setting | Default | Range |
|---|---|---|
| Renko (true prices) | ||
| Brick size (ticks) | 8 | 1 or more |
| Days to load | 3 | NinjaTrader’s own |
| Universal Renko | ||
| Trend (ticks) | 8 | 1 or more |
| Reversal (ticks) | 16 | 1 or more |
| Open offset (ticks, drawing only) | 4 | Whole ticks, drawn up to 1,000,000 |
| Days to load | 3 | NinjaTrader’s own |
| Mean Renko | ||
| Brick size (ticks) | 8 | 1 or more |
| Days to load | 3 | NinjaTrader’s own |
| ATR Renko | ||
| Days averaged | 5 | 1 or more |
| Bricks per day’s range | 25 | 1 or more |
| Brick until a day is known (ticks) | 8 | 1 or more |
| Days to load | 10 | NinjaTrader’s own |
| Chart style “Renko bricks” | ||
| Bar width | NinjaTrader’s | NinjaTrader’s own |
| Show wicks | On | On · Off |
| Color for up bricks | NinjaTrader’s | Any color |
| Color for down bricks | NinjaTrader’s | Any color |
| Outline | NinjaTrader’s | Color, width, dash |
| Wick | NinjaTrader’s | Color, width, dash |
| Hollow unfinished brick | Off | On · Off |
| Renko Next Brick (listed as RenkoNextBrick) | ||
| NextUp | Sea green, dashed, 1 px | NinjaTrader’s plot settings |
| NextDown | Indian red, dashed, 1 px | NinjaTrader’s plot settings |
| Calculate | On price change | NinjaTrader’s three |
| Auto scale | Off | On · Off |
A value under 1 runs as 1, an open offset under 0 given in code as 0, and the series name always shows the values the bars really use, for example “8/16/4 Universal Renko” or “5d/25/8 ATR Renko”. A series built on Bid or Ask instead of the last traded price is built from those quotes, and in an English NinjaTrader its name ends in “ - Bid” or “ - Ask”. Days to load counts calendar days, weekends included. New charts of the four types open with the “Renko bricks” style, and on any other bar type it draws ordinary candles.
AddDataSeries(new BarsPeriod { BarsPeriodType = (BarsPeriodType)731001, Value = 8 }); The numbers are 731001 Renko (true prices) with Value = brick, 731002 Universal Renko with Value = trend, Value2 = reversal and BaseBarsPeriodValue = open offset, 731003 Mean Renko with Value = brick and 731004 ATR Renko with Value = days averaged, Value2 = bricks per day’s range and BaseBarsPeriodValue = brick until a day is known. Give Universal and ATR Renko all their values this way. An added series takes the main series’ trading hours and Break at EOD.RkoNextBrick().NextUp[0] and RkoNextBrick().NextDown[0], on an added series RkoNextBrick(BarsArray[1]).NextUp[0]. In a strategy that calculates on bar close they are the levels of the brick forming once the bar closed, and after a jump the brick after its empty bricks (except on data without trade volume, see Edge cases). On any other bar type it sets no value and says so in the Output window, so check RkoNextBrick().NextUp.IsValidDataPoint(0) before using it.With Break at EOD on, the same trades build the same bricks, apart from the chart’s oldest session, which can be cut where the loaded data starts, and on ATR Renko once its warm-up days are loaded. The rules read only the trades, the instrument’s tick size, your settings and your trading hours, and a finished brick is never removed or rewritten.
Almost every trade is handled once, with the same small amount of work, plus one brick for each level a jump passes. The exceptions are a one-time check of the loaded bricks after a chart loads, and on ATR Renko the first trade of each session, which measures the sessions before it. A finished brick is never changed again. The “Renko bricks” style draws only the bricks on screen, and Renko Next Brick pauses while its chart tab is hidden.
Renko (true prices), Universal and Mean Renko use NinjaTrader’s own bar cache, like its own bar types, which is why a chart is reloaded once after an update. ATR Renko is built from the trades on every load on purpose, because its brick depends on the days before, and it keeps the ranges of earlier sessions, so a new session’s brick does not mean reading every day before it again. The cost that remains is NinjaTrader’s own, loading the ticks of the days your chart shows.
The rules live in one file that uses no NinjaTrader type, so the same code runs on the chart and in our own test rig. There, recorded real trades are rebuilt by an independent copy of the rules and compared brick by brick, and deliberately planted faults must be caught. On NinjaTrader we compared live-built bricks with the same chart after a reload, ran the Strategy Analyzer with Tick Replay on and off and with an optimization, checked every market fill of a backtest against the trades that printed at that moment, built charts in Market Replay and reloaded them there, and ran Renko (true prices) with a 1-tick brick on NQ through a fast market full of jumps and a real feed loss.
The markets on record are ES, NQ, GC, CL, 6E and ZN, all on real trades. Correct bars remove one source of backtest error. They do not make a strategy profitable, and slippage, commission and your own rules are still yours to test.
The code of Renko Bars with Wicks makes no network connection, sends nothing and writes no files of its own. The trades come from your own data feed through NinjaTrader, the same way every chart does. The license check is NinjaTrader’s own vendor licensing, between the platform and your NinjaTrader email, with no license server of ours. Nothing about your charts or your trades is sent to us, and there is no telemetry.
Fourteen days, every type, no card. It ends by itself. Keep it for $129 once, yours for good.
Not for you if you want buy and sell signals. Renko Bars with Wicks builds the bricks from the real trades, and what you trade on them is yours.
Pairs well with Free Heiken Ashi Candles, on Renko too · Free Dollar Bars bar type · Free ATR trailing stop indicator (UT Bot Alerts)
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